All news articles – Page 690
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News
East Coast Concepts like-for-likes up 10% over Christmas
East Coast Concepts, the operator of Neighbourhood and Victor’s, has recorded a record Christmas trading period with sales up across its restaurant and bar group.
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Soho House JV closes Brixton restaurants and bar
Quentin Restaurants, the Soho House joint venture, has closed its Chicken Shop, Dirty Burger and Fox Bar concepts in Brixton, MCA understands. Fox Bar, which has just one other site in Chicago, was being tested at Piano House, Brighton Terrace, and it is not thought to be a focus for ...
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Harbottle-chaired Starbucks franchisee launches £1.1m crowdfund
Elite Coffee, the Paul Harbottle-chained Starbucks franchisee, is targeting growth to 21 sites by 2021, to be funded by a £1.1m crowdfunding raise.
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Inception secures third Fogg’s; two more lined up
The Inception Group has secured a site for the third iteration of its Mr Fogg’s concept and is close to securing two others, MCA has learnt.
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Technology helping to fuel engagement at Fuller’s
Fuller’s chief executive Simon Emeny has told MCA that technology is playing a huge role in helping the company develop its relationship with its staff.
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Time Out Market Spitalfields concerns 'not justified'
Time Out Markets it is appealing the rejection of its planning application to open in Spitalfields, describing public concerns as “simply not justified”.
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McCue: Changes to core brands starting to yield results
Andy McCue, chief executive of The Restaurant Group, has told MCA that the underlying impact of the group’s investments in its Frankie & Benny’s brand will not be fully apparent until the second quarter of this year.
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White Rabbit behind Hutch delivery vehicle
White Rabbit Fund, the Kofler & Kompanie-backed investment vehicle for fledgling restaurants, is moving into delivery-only kitchens with the launch of operating company Hutch, set to include new concepts from Kricket and A Wong, MCA understands.
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Food hall potential 'massive' with 16 more in London proposed
The potential for food halls in the UK is massive, with 16 proposed food halls expected to open London alone over the next five years, Cushman & Wakefield partner Thomas Rose has told MCA.
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VAT campaigners hail “excellent meeting” with Brexit MP
The organisers of the campaign to reduce VAT in the hospitality sector have met with the Minister of State at the Brexit Department, Steve Baker MP and a number of other senior Conservative MPs.
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Starbucks reports record $6bn revenue in Q1
Starbucks has reported net revenue up 6% to a record $6bn for the 13 weeks to 31 December.
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JDW drops Russell Hume, secures new steak supplier
JD Wetherspoon is to reintroduce steak in its 900 pubs across the UK and Republic of Ireland on Tuesday.
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Torres replaces Dawson at Taco Bell
Jorge Torres, formerly of Nestle and Coca-Cola, has replaced Nick Dawson, general manager of Taco Bell UK and Europe, MCA understands.
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Horticulture & Gentlemen Baristas sign on East India Dock scheme
Real estate investment and development business Trilogy Real Estate and LaSalle Investment Management, the leading real estate investment manager, has secured two F&B lettings at Republic, their next-gen workplace campus in East India Dock aimed at companies priced out of Central London and Shoreditch.
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Spotlight falls on Prezzo’s trading
After the struggles faced by Jamie’s Italian and Byron, reports this morning suggest Prezzo could be the next casual dining chain to have to undergo a restructuring.
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JDW: Drinks sales growth now almost equal to food
JD Wetherspoon chairman Tim Martin has told MCA that the growth in drink sales across the estate is now almost at parity with food, for the first time in 15 years.
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Tossed ‘in growth mode’ as it adds two sites
Tossed, the healthy food-to-go operator is to open its first site in a year in Horseferry Road in April and will be part of the refurbished Fleet Services, MCA understands.
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Jamie’s Italian suffered from under investment
Under investment, especially in older restaurants, while investing in unsuitable or costly newer locations, were key reasons for Jamie’s Italian closing 12 sites and carrying out a CVA.
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Bill’s to trial new ‘Best of Bill’s’ concept
Bill’s Restaurants, the Richard Caring-backed chain, is rolling out three concept sites to test drive an evolved experience and menu, MCA has learnt.
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National scheme launched to cut plastic bottle usage
A national drinking water scheme has been launched in a bid to cut plastic bottle usage by tens of millions each year.